Curtailing economic growth will not save the planet from catastrophic climate change.
The carcass of a dead goat is seen in a drought zone near Doolow, Somalia, on June 15, 2022. that population growth would outstrip “the power of the earth to produce subsistence for man,” there has been a continuous parade of Cassandras fretting that humanity is about to exhaust the planet’s carrying capacity.
“Degrowth” — the brand name for neo-Malthusianism — ignores how ingenuity and innovation have repeatedly empowered humanity to overcome ecological constraints identified by Malthus, Ehrlich et al. Degrowthers ignore basicThe world experienced no growth for hundreds of years. Getting ahead economically during certain periods of the Middle Ages, for example, required plundering one’s neighbor. Transactions were zero-sum. The outcome was centuries of conquest and subjugation.
And yet degrowth is coming back in fashion. The ranks of degrowthers include progressive journalist Naomi Klein, Swedish activist Greta Thunberg and even Pope Francis. At least one European university is now offering a master’s degree in degrowth. The U.S. Energy Information Administration estimates these variables up to 2050. One inescapable conclusion: Zeroing out growth in gross domestic product would do little to reduce emissions.
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